OHB SE — Regulatory Filings 2016

May 23, 2016

News Details

Corporate | 23 May 2016 14:55

OHB SE: OHB SE establishes new subsidiary OHB Venture Capital GmbH

DGAP-News: OHB SE / Key word(s): Miscellaneous

2016-05-23 / 14:55
The issuer is solely responsible for the content of this announcement.

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Bremen, May 23, 2016. Space and technology group OHB SE (Prime Standard,
ISIN DE0005936124) has established a new subsidiary known as OHB Venture
Capital GmbH. The new subsidiary has its registered offices at OHB's new
site in Weßling near Munich.

Describing the new company, Marco Fuchs, CEO of OHB SE explains: "Space
business and funding for it are undergoing rapid change at the moment.
Everyone is talking about "new space" and OHB would like to be at the
vanguard here, encouraging and overseeing promising ideas from the outset."

Looking forward, innovation spending previously handled directly by OHB
companies is to be pooled under the roof of OHB Venture Capital GmbH, which
has been created for this purpose.

"Obviously, we will be focusing on those areas which stand to be of
particular benefit for the Group," says Jochen Harms, managing director of
OHB Venture Capital GmbH. The new OHB subsidiary will be particularly
investing in the early phase of companies active in technologies and
services closely related to space.

OHB Venture Capital GmbH will be operating as a corporate venture company,
primarily investing in enterprises which can be integrated within the OHB
Group at a later date. To this end, it will be seeking a majority interest
and bringing on board other venture capital companies and particularly
investors able to add value to the investment.

Contact:
Investor Relations
Martina Lilienthal
Tel.: +49 421 - 2020-720
Fax: +49 421 - 2020-613
E-Mail: martina.lilienthal@ohb.de

Corporate Communications
Martin Stade
Tel.: +49 421 - 2020-620
Fax: +49 421 - 2020-9898
E-Mail: martin.stade@ohb.de

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2016-05-23 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: OHB SE
Karl-Ferdinand-Braun-Str. 8
28359 Bremen
Germany
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir@ohb.de
Internet: www.ohb.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart

 End of News    DGAP News Service